Full Year 2020 Capita PLC Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Robert John Plant - Panmure Gordon (UK) Limited, Research Division - Analyst : Jon and Gordon, the statement in the cash section mentions ongoing significant restructuring charges. Do you have the figures for what those restructuring charges will be in '21, '22, '23? And/or how they compare to what you thought they might be this time last year?

Question: Christopher Bamberry - Peel Hunt LLP, Research Division - Analyst : A couple of areas for me. You've said, obviously, you're planning to return to organic growth this year. What gives you the confidence to make this statement? I guess, behind that, what are the key building blocks in terms of the unwind from the impacts of COVID, contracts already won and contracts to be won? And do you expect to deliver organic growth in H1? And secondly, what level of margin would you expect the 2 new core divisions to deliver over the medium term?

Question: Christopher Bamberry - Peel Hunt LLP, Research Division - Analyst : Given AXELOS is 49% owned by the Cabinet Office, does this complicate the disposal process? And secondly, the interims you talked about, washing out legacy contracts that Capita doesn't want to participate in, what's the flow-through from 2020 to '21? And is there a potential impact from additional washouts?